Mckendree University
84% goes to programs $12 to raise $100 Strong reserves Growing revenue
Mckendree University is a 501(c)(3) organization based in Lebanon, Illinois, registered in 1943, with $78,700,263 in FY2023 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
701 College Rd, Lebanon, IL, 62254 EIN 37-0661219 Since 1943
Revenue (FY2023)
$78.7M
▲ 23.7% vs prior year
Education median: $200K
Expenses (FY2023)
$70.5M
Net assets
$66.2M
Employees
868
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating84% to programs · $12 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Mckendree University: 84% to programs · $12 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mckendree University: 11 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Mckendree University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mckendree University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The mission of mckendree university is to provide a high quality educational experience to outstanding students.
What they do
Student services - to create a culture of campus life that includes experiences beyond the classroom that allow for development of the whole person.
Auxiliary services - to provide room and board for students at the lebanon, il campus.
Contact & location
- Address
- 701 College Rd, Lebanon, IL, 62254
- City
- Lebanon
- State
- Illinois
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $65.4M (FY2013) to $78.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $41.1MNet assets $66.2M
Operating margin
10.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$107.3M
Total liabilities
$41.1M
Net assets
$66.2M
Salaries & benefits
$19.4M
28% of expenses
Board members
38
38 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $78,700,263▲23.7% | $70,521,162▲7.1% | $66,185,730▲4.2% | $107,254,599▲1.4% | 990 |
| 2022 | $63,600,921▲6.9% | $65,846,519▲9.1% | $63,490,210▲1.4% | $105,796,263▲3.8% | 990 |
| 2021 | $59,518,918▼12.4% | $60,381,203▲1.5% | $62,606,424▼10.9% | $101,929,179▼8.4% | 990 |
| 2020 | $67,934,828▲11.2% | $59,464,107▼8.3% | $70,260,271▲26.9% | $111,300,434▲3.7% | 990 |
| 2019 | $61,066,923▼15.2% | $64,833,240▼4.4% | $55,367,299▼5.8% | $107,359,374▼0.9% | 990 |
| 2018 | $72,019,079▲7.8% | $67,836,645 | $58,749,040▲10.2% | $108,307,776▲5.4% | 990 |
| 2017 | $66,781,728▼12.8% | $67,826,111▼4.0% | $53,320,303▼0.5% | $102,744,428▼3.6% | 990 |
| 2016 | $76,564,998▲12.7% | $70,628,511▲4.9% | $53,568,152▲13.3% | $106,600,440▲27.8% | 990 |
| 2015 | $67,929,550▲0.9% | $67,319,074▲2.2% | $47,288,382▼5.2% | $83,438,767▼5.8% | 990 |
| 2014 | $67,312,284▲2.9% | $65,850,147▲4.9% | $49,896,012▲1.0% | $88,554,736▼1.3% | 990 |
| 2013 | $65,426,761 | $62,775,911▲13.0% | $49,411,349▲11.1% | $89,743,187▲5.7% | 990 |
| 2012 | — | $55,575,338▲4.6% | $44,473,672▲4.0% | $84,920,158▲4.3% | 990 |
| 2011 | — | $53,123,377▲5.6% | $42,759,989▲8.7% | $81,432,449▼1.0% | 990 |
| 2010 | — | $50,309,709▲8.3% | $39,347,874▲29.3% | $82,279,410▲40.6% | 990 |
| 2009 | — | $46,454,558 | $30,441,425 | $58,533,272 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Daniel C Dobbins — $344,241 (0.49% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Daniel C Dobbins | Current President | 40 | $344,241 |
| Daryl Hancock | Vp of Operations | 40 | $165,207 |
| Stephen Kull | Vp For Institutional Advancement | 40 | $141,993 |
| Dr Tami Eggleston | Current Provost | 40 | $140,410 |
| Dr Richelle Rennegarbe | Director of Dnp Programs | 40 | $121,647 |
| David Babcock | Head Football Coach | 40 | $113,686 |
| Scott Schneider | Past - Vp of Admin and Finance | 40 | $72,336 |
| A Maria Page | Board Member | 0.3 | — |
| Barbara M Carstens | Board Member | 0.3 | — |
| Carla Stone | Board Member | 0.3 | — |
| Daniel J Lett | Chairman | 0.5 | — |
| Deborah A Belsheim | Board Member | 0.3 | — |
| Dr Jeff Dosier | Board Member | 0.3 | — |
| George W Obernagel III | Vice Chair | 0.5 | — |
| Gregory M Mennerick | Board Member | 0.3 | — |
| Jackie I Leemon | Board Member | 0.3 | — |
| James P Poneta | Board Member | 0.3 | — |
| Jamie A Auffenberg Jr | Board Member | 0.3 | — |
| Jeff C Lanter | Board Member | 0.3 | — |
| Joe Koppeis | Board Member | 0.3 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Sodexo Inc & Affiliates | Facilities Mgmnt and Food Services | $3,494,329 |
| Ellucian Company LP | Higher Education Technology Services | $617,258 |
| Vandalia Bus Lines | Transportation Services | $522,248 |
| Collegis Education | Technology Services | $364,583 |
| Cliftonlarsonallen LLP | Accounting Services | $301,196 |
Grants received · $1.9M total
54 grants to Mckendree University totaling $1.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Communities Foundation of Texas | This grant is designated for general support. | 2024 | $200,000 |
| United Way of Greater St Louis Inc | Ccs-jobs and financial mobility | 2024 | $17,150 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $12,000 |
| Communities Foundation of Texas | This grant is designated for general support. | 2023 | $200,000 |
| National Collegiate Athletic Association | Grants | 2023 | $35,641 |
| Donor Advised Charitable Giving | Education | 2023 | $22,750 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $16,000 |
| Raymond James Charitable Endowment Fund | General support | 2023 | $12,500 |
| St Louis Community Foundation Incorporated | General support | 2023 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $9,000 |
| Tulsa Community Foundation | Scholarships | 2023 | $7,500 |
| Communities Foundation of Texas | This grant is designated for general support. | 2022 | $100,000 |
| Donor Advised Charitable Giving | Education | 2022 | $35,750 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $20,000 |
| National Collegiate Athletic Association | Grants | 2022 | $14,660 |
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Frequently asked questions
- Is Mckendree University a legitimate nonprofit?
- Yes. Mckendree University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 37-0661219, based in Lebanon, Illinois. Donations are tax-deductible.
- What is Mckendree University's EIN?
- Mckendree University's Employer Identification Number (EIN) is 37-0661219.
- How much revenue does Mckendree University report?
- Mckendree University reported $78,700,263 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Mckendree University's spending goes to programs?
- Mckendree University spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mckendree University have?
- CharityIndex grades Mckendree University A, based on program efficiency and fundraising cost.
- How much does Mckendree University's highest-paid employee make?
- The highest reported compensation on Mckendree University's latest Form 990 is $344,241, paid to Daniel C Dobbins (Current President).
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Data for Mckendree University (EIN 37-0661219) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.